Key To Markets - Support

AUDUSD: Aussie bulls are watching the employment data

1. Strongest one- day rise.
2. Back above 20DMA.
3. Daily oscillator turns to bullish.
4. Potential resistance seems between 0.7970 and 0.79990.

Read the article on our Key To Markets Blog

Attached Image (click to enlarge)

Read the article on our Key To Markets Blog

It is important to always keep in mind the risks involved in trading with leveraged instruments.

What is your Technical View?

Do you have a different idea? Please leave us a comment and get an answer from our professional analysts.

AUDJPY update 2: In a dip we forecast a bullish reaction.

1. July unemployment rate remained at 5.6 per cent in July 2017.
2. The labour force participation rate was 65.1.
3. The daily oscillator turned bullish.

Read the article on our Key To Markets Blog

Attached Image (click to enlarge)

Read the article on our Key To Markets Blog

What is your Technical View?

Do you have a different idea? Please leave us a comment and get an answer from our professional analysts.

Gold and Silver charts are worth watching.

1. The money is moving back to safe heavens.
2. Data calendar includes US consumer sentiment and Canada CPI.

Read the article on our Key To Markets Blog

Attached Image (click to enlarge)

Read the article on our Key To Markets Blog

What is your Technical View?

Do you have a different idea? Please leave us a comment and get an answer from our professional analysts.

EURUSD update 2: We have four bearish patterns

1. The near-term trading range remains between 1.1850 and 1.1680.
2. It has a potential to re-test to 38.2% and 50.0%.
3. Focus on next week’s Jackson Hole meeting.

Read the article on Key To Markets Blog

Attached Image (click to enlarge)

Read the article on Key To Markets Blog

It is important to always keep in mind the risks involved in trading with leveraged instruments.

What is your Technical View?

Do you have a different idea? Please leave us a comment and get an answer from our professional analysts.

Brent: We have spotted two bullish factors.

1. Spotted with a double bottom.
2. Likely to consolidate between 49.80 and 52.
3. Resistance zone seems between 51.50 and 52.00.

Read the article on our Key To Markets Blog

Attached Image (click to enlarge)

Read the article on our Key To Markets Blog

It is important to always keep in mind the risks involved in trading with leveraged instruments.

What is your Technical View?

Do you have a different idea? Please leave us a comment and get an answer from our professional analysts.

USDJPY: The elevated level cast on Fed Chair Yellen speech at Jackson Hole.

1. We believe USDJPY to move in a sideways this week.
2. Our near-term view on USDJPY is unchanged.
3. Buying trade activated.

Read the article on our Key To Markets Blog

Attached Image (click to enlarge)

Read the article on our Key To Markets Blog

It is important to always keep in mind the risks involved in trading with leveraged instruments.

What is your Technical View?

Do you have a different idea? Please leave us a comment and get an answer from our professional analysts.

Gold: A lower low below the low 1267 can indicate the near-term trend change

1. Settles above the long term descending trend line (Monthly chart).
2. Kindly focus on the ascending channel (Daily chart).
3. It is aiming at July 2016 high.

Read the article on our Key To Markets Blog

Attached Image (click to enlarge)

Read the article on our Key To Markets Blog

It is important to always keep in mind the risks involved in trading with leveraged instruments.

What is your Technical View?

Do you have a different idea? Please leave us a comment and get an answer from our professional analysts.

USDCAD update 2: NAFTA negotiations summary and technical view.

1. The NAFTA negotiations began last week (August 16).
2. Bulls Pare Positions in CAD.
3. USDCAD retraced 61.8%.
4. Oscillator remains bullish.

Read the article on our Key To Markets Blog

Attached Image (click to enlarge)

Read the article on our Key To Markets Blog

It is important to always keep in mind the risks involved in trading with leveraged instruments.

What is your Technical View?

Do you have a different idea? Please leave us a comment and get an answer from our professional analysts.

EURUSD: We believe Draghi likely to disappoint euro bulls at Jackson Hole

1. Renewed Euro strength witnessed as dollar drifts again.
2. Political uncertainties continuing to weigh on the dollar.
3. Yellen and Draghi’s speeches at Jackson Hole Symposium.

Read the article on our Key To Markets Blog

Attached Image (click to enlarge)

Read the article on our Key To Markets Blog

It is important to always keep in mind the risks involved in trading with leveraged instruments.

What is your Technical View?

Do you have a different idea? Please leave us a comment and get an answer from our professional analysts.

EURGBP: The levels to watch here are 0.9230 and 0.9260.

1. We believe central bank divergence and political headwinds are likely to dominate
2. EURGBP has been moving higher trajectory for four straight months.
3. UK GDP and Draghi speech at Jackson Hole are the key risk events.

Read the article on our Key To Markets Blog

Attached Image (click to enlarge)

Read the article on our Key To Markets Blog

It is important to always keep in mind the risks involved in trading with leveraged instruments.

What is your Technical View?

Do you have a different idea? Please leave us a comment and get an answer from our professional analysts.

Brent: Move in a sideways.

1. Brent Oil price erased half of the Friday’s big gains.
2. Rejected at a parallel resistance.
3. Money managers cut their bullish bets.

Read the article on our key To Markets Blog

Attached Image (click to enlarge)

Read the article on our key To Markets Blog

It is important to always keep in mind the risks involved in trading with leveraged instruments.

What is your Technical View?

Do you have a different idea? Please leave us a comment and get an answer from our professional analysts.

NZDUSD: Re-tested the 100DEMA and spotted with a H&S pattern.

1. NZ GDP growth is expected to be 3.5% in 2017/2018.
2. Near term support finds between 0.7180-0.7220
3. Medium-term support finds between 0.7050 and 0.7090.

Read the article on our Key To Markets Blog

Attached Image (click to enlarge)

Read the article on our Key To Markets Blog

It is important to always keep in mind the risks involved in trading with leveraged instruments.

What is your Technical View?

Do you have a different idea? Please leave us a comment and get an answer from our professional analysts.

EURNZD: Potential to move further.

1. EURNZD successfully trading above 50MA(monthly)
2. It has the potential to move further.
3. We forecast 1.6340 and 1.6430 in the near term.

Read the article on our Key To Markets Blog

Attached Image (click to enlarge)

Read the article on our Key To Markets Blog

It is important to always keep in mind the risks involved in trading with leveraged instruments.

What is your Technical View?

Do you have a different idea? Please leave us a comment and get an answer from our professional analysts.

EURUSD: Gradually support moving higher

1. EUR bulls on track.
2. Markit flash composite PMI data exceed expectations in the national and EA.
3. Trading tad below key resistance level.

Read the article on our Key To Markets Blog

Attached Image (click to enlarge)

Read the article on our Key To Markets Blog

It is important to always keep in mind the risks involved in trading with leveraged instruments.

What is your Technical View?

Do you have a different idea? Please leave us a comment and get an answer from our professional analysts.

EURNZD trade update: Potential to move further.

1. EURNZD closed above the 50.0% barrier.
2. We request to take profit on yesterday’s buying trade.
3. NZ trade data first July surplus since 2012.

Read the article on our Key To Markets Blog

Attached Image (click to enlarge)

Read the article on our Key To Markets Blog

It is important to always keep in mind the risks involved in trading with leveraged instruments.

What is your Technical View?

Do you have a different idea? Please leave us a comment and get an answer from our professional analysts.

EURCAD: Spotted with an inverse H&S pattern.

1. Consolidating in a narrow range.
2. Spotted with an inverse H&S pattern.
3. Draghi’s speech and NAFTA developments are the key drivers.

Read the article on our Key To Markets Blog

Attached Image (click to enlarge)

Read the article on our Key To Markets Blog

It is important to always keep in mind the risks involved in trading with leveraged instruments.

What is your Technical View?

Do you have a different idea? Please leave us a comment and get an answer from our professional analysts.

EURAUD: Bullish patterns visible on the daily and weekly charts.

1. EURAUD has been facing resistance at 200EMA on the monthly chart.
2. Long term descending trend line in focus.
3. 1.5330 and 1.5700 are possible.

Read the article on our Key To Markets Blog

Attached Image (click to enlarge)

Read the article on our Key To Markets Blog

It is important to always keep in mind the risks involved in trading with leveraged instruments.

What is your Technical View?

Do you have a different idea? Please leave us a comment and get an answer from our professional analysts.

GBPUSD: Re-tested the support trendline.

1. UK Q2 GDP data printed in line.
2. Brexit negotiations in focus.
3. Potential support zone remains between 1.2630-1.2550.

Read the article on Key To Markets Blog

Attached Image (click to enlarge)

Read the article on Key To Markets Blog

It is important to always keep in mind the risks involved in trading with leveraged instruments.

What is your Technical View?

Do you have a different idea? Please leave us a comment and get an answer from our professional analysts.

For the time being the upside risk is higher in EUR crosses than EURUSD.

1. EURUSD rose further and printed a fresh 32-month high, gain 16% year-to date.
2. EUR net longs are extended and Dollar net short positions increased.
3. Potential resistance seems between 1.2000-1.2040.

Read the article on our Key To Markets Blog

Attached Image (click to enlarge)

Read the article on our Key To Markets Blog

It is important to always keep in mind the risks involved in trading with leveraged instruments.

What is your Technical View?

Do you have a different idea? Please leave us a comment and get an answer from our professional analysts.

EURCHF and EURJPY technical view

1. EURCHF is trading on a verge of breakout.
2. EURJPY facing potential resistance at 200WMA.

Read the article on our Key To Markets Blog

Attached Image (click to enlarge)

Attached Image (click to enlarge)

Read the article on our Key To Markets Blog

It is important to always keep in mind the risks involved in trading with leveraged instruments.

What is your Technical View?

Do you have a different idea? Please leave us a comment and get an answer from our professional analysts.